Ticket Biz is a strong regional player in the Nordic markets, with approximately 150 employees managing corporate travel and meetings and events. It has a diverse portfolio of clients and annual sales of just under €180m (£127m).
Ticket Biz will continue operating under their brand as a business unit of BCD Travel and its previous owner, Braganza, will remain a minority stakeholder after the acquisition.
Stewart Harvey, BCD Travel’s president of Europe, Middle East and Africa, said: "With its solid reputation and focus on mid-market corporate customers, Ticket Biz complements our culture and growth goals very well. This acquisition reflects our ongoing pursuit of growth opportunities that benefit our clients by strengthening our position as a leader in corporate travel."
Per G. Braathen, owner of Braganza, said: "We’re very excited by the opportunities that BCD Travel creates for Ticket Biz to grow stronger in the Nordic region, and look forward to working together. This move will allow Ticket Biz to continue to thrive, producing value for our customers, shareholders and our staff, who will have greater exposure to how a global company operates and more paths for long-term growth."
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